Tron Tops CCID Rankings, Bitcoin Eleventh

Just a few days after the country’s president, Xi Jinping, publicly embraced blockchain technology, China’s Center for Information and Industry Development (CCID) has released its latest crypto ranking report.

CCID, which operates under the supervision of the country’s Ministry of Industry and Information Technology, is tasked with interfacing businesses with the government and watches over the country’s information industry.

Its latest crypto ranking report, which is the 14th since its first report in May 2018, comprised of 35 digital currencies. Interestingly, despite Bitcoin being the flagship cryptocurrency, it was ranked 11th. The first spot was occupied by its previous holder, EOS.

Tron overthrows Ethereum, beats Bitcoin on a single category

Tron occupied the second position having appreciated by one spot since the last ranking which was done in July this year. Ethereum dropped by one spot to hold the third position. Notably, Tron scored higher than Bitcoin on only one category, basic technology, where it scored 94.2 points against Bitcoin’s 43.5 points. However, Bitcoin balanced the deficit on creativity category where it scored 40.2 points against Tron’s 28.7 points. The two scored 19.4 points each on the applicability category. In total, Tron scored 141.0 points with Bitcoin scoring 103.2 points.